Replies to post #8999 on Market Sense and Sentiment (MKTSS)

[bbgold]

You are right
We are 200 points from the 320SMA. Good signals to take profits and look to hedge. Just don't get too big on the Calls as we are uncertain of the bounce and the Plan is Bearish once again.

Good Luck to All! :^)
PLAN the TRADE and TRADE the PLAN!

[makomemoney]

ADX is still moving up on both 5 and 15. DMI- is moving down a bit but so is the DMI+.. MACD has not crossed over yet...

But this looks to change now that what I just wrote..now looks like DMI- has just crossed ADX depending on what time frame and index you look at..

Could be an over sold bounce?

Don't let me influence you... just trying to get this all down..

Good luck!!



Scott